Daily closing price of IBM stock, Jan 1, 1980 to Oct. 8, 1992
64.37
62.5
63.5
63.37
63.12
67.37
65.37
67.5
67.
66.87
70.12
70.
69.25
69.62
69.
69.
71.25
70.62
70.12
71.
70.37
70.37
68.62
69.37
69.12
69.62
68.37
67.12
67.25
66.75
68.87
69.37
68.12
67.62
67.62
67.
67.25
66.25
66.
65.12
65.
62.
63.37
63.5
62.75
63.25
62.
61.12
61.
61.62
62.25
61.37
60.12
59.87
59.12
59.62
58.87
58.25
56.75
54.12
54.75
53.
57.5
55.87
55.75
54.87
55.5
54.87
54.87
53.37
53.5
54.62
54.25
53.5
53.
52.
51.12
51.25
51.25
51.25
53.87
53.5
53.75
55.37
54.5
54.87
54.87
54.37
54.
55.37
54.87
55.12
53.87
52.12
52.25
53.25
53.
52.5
53.
53.37
52.75
52.87
53.75
54.75
54.75
55.25
56.37
54.37
55.37
56.
56.37
58.12
57.
57.12
56.75
57.5
58.
58.
58.87
60.37
58.87
59.62
57.87
57.87
58.87
59.37
59.75
59.25
59.75
58.75
59.5
60.62
61.12
61.12
62.
61.75
61.5
61.62
62.75
65.
63.75
64.25
65.62
65.12
66.
65.12
64.87
64.75
64.37
65.
65.12
65.5
65.25
65.12
64.75
64.25
65.62
65.75
65.25
66.75
66.75
66.75
68.87
68.75
66.37
66.
66.87
67.5
67.37
67.12
66.75
65.87
65.
65.5
65.5
66.12
67.5
66.62
66.5
64.25
66.12
65.75
66.37
65.87
66.12
65.62
67.25
66.5
67.
68.12
66.87
67.5
66.12
64.62
63.75
64.12
65.62
65.37
66.25
68.
67.75
70.
70.12
69.25
70.5
69.75
70.37
68.62
68.
68.5
68.
67.75
65.87
66.62
66.12
66.62
65.5
65.12
66.62
67.5
67.5
68.5
66.5
67.12
67.25
67.12
70.87
71.25
71.62
71.62
72.
71.37
72.
70.37
70.37
69.5
68.75
68.75
68.12
66.5
67.87
68.
68.37
67.5
66.37
66.12
63.75
64.5
65.75
64.5
66.25
65.25
63.62
64.62
67.12
67.25
68.5
68.5
69.
68.
68.62
67.87
67.87
69.12
70.25
71.5
69.5
67.62
67.37
66.75
66.5
66.75
65.75
66.87
66.62
65.
65.12
65.25
65.
65.
65.5
64.62
64.87
64.37
63.37
64.25
64.5
64.
64.25
63.5
63.
62.62
61.75
61.75
61.75
62.
62.
61.25
60.5
62.
62.12
64.25
64.75
64.25
63.62
62.5
61.87
62.
61.87
63.
62.5
62.25
64.
63.25
64.62
64.25
64.75
63.75
63.12
62.87
62.25
63.87
63.12
61.75
61.5
62.37
63.
62.12
61.12
60.37
60.
60.
61.75
60.75
60.12
59.12
59.62
60.
60.
61.62
60.5
60.37
60.37
60.62
61.12
60.37
59.62
58.62
59.12
58.37
57.75
57.87
57.37
57.87
56.
56.75
56.75
56.62
56.37
56.75
56.62
56.37
55.62
55.5
55.5
56.12
57.87
58.
58.75
60.25
59.87
59.12
58.
58.37
58.25
57.37
57.75
59.
59.37
59.87
58.87
58.5
57.62
57.5
58.12
59.37
59.5
59.
58.75
57.87
57.87
56.87
56.87
56.87
57.
57.
56.62
56.62
56.37
55.87
56.87
56.62
56.62
56.12
55.37
55.5
55.12
54.87
55.
55.62
55.37
55.37
56.37
56.12
56.5
58.25
58.37
56.87
57.
57.87
58.75
57.87
58.25
58.
56.75
56.62
57.
57.25
56.87
55.87
55.87
55.5
55.25
55.87
55.12
56.
55.75
54.62
54.
54.
54.
54.12
54.75
55.75
55.87
55.5
54.87
54.12
54.
54.87
54.37
54.5
54.62
53.62
54.87
53.12
54.12
54.
55.
55.12
54.25
55.
55.5
55.87
55.5
53.75
52.5
52.25
51.25
51.25
51.62
51.37
51.12
51.
50.62
50.75
49.5
49.
51.5
53.
53.
52.37
51.5
50.87
51.62
52.25
52.5
52.75
51.62
51.
51.
50.37
50.37
50.62
50.5
52.25
52.62
52.62
54.5
54.5
54.12
53.
54.
54.62
53.5
53.25
53.87
54.62
54.37
53.37
53.62
54.12
55.75
56.75
56.37
56.87
56.12
57.
57.
56.5
56.
57.25
56.87
56.87
58.25
57.
56.75
56.75
55.62
56.75
57.5
57.37
58.87
59.75
61.87
61.
61.5
62.5
61.62
62.
61.75
62.62
64.37
63.62
62.62
63.
62.75
63.25
63.25
61.5
61.37
61.87
61.25
61.
61.
62.25
62.25
62.75
62.37
60.37
60.87
62.
61.62
61.87
62.12
61.
59.87
59.12
58.5
57.5
58.62
59.
58.25
57.87
58.87
57.37
57.37
57.87
57.62
59.12
59.5
59.12
59.75
59.
59.87
60.37
59.75
61.
61.5
61.5
61.75
61.75
62.25
62.25
62.12
62.
63.62
64.62
64.5
63.75
63.25
63.87
64.37
65.75
66.
65.12
64.87
64.12
64.25
64.5
64.75
65.12
64.87
64.75
63.87
64.37
63.87
63.62
63.62
62.87
62.75
62.5
63.
62.62
62.25
61.87
62.
62.
61.5
61.5
61.75
62.
61.5
60.25
60.
58.25
58.12
58.75
59.62
59.12
59.75
59.5
58.5
58.37
58.62
59.87
61.12
60.5
60.25
61.12
61.12
60.62
60.62
60.
60.
60.37
61.
61.5
62.5
63.5
64.5
66.87
66.75
66.75
65.87
67.37
67.5
66.62
66.5
65.87
65.5
64.87
65.5
65.62
66.75
66.
65.62
63.87
63.12
63.25
63.
62.37
62.25
62.87
62.87
66.
65.75
66.
68.25
69.37
68.37
69.12
69.12
69.
69.87
70.5
69.75
71.37
72.12
72.12
72.5
72.5
71.87
71.37
72.87
72.5
73.37
74.12
74.12
74.75
76.75
75.5
76.37
76.
76.62
76.25
74.75
73.37
74.12
74.5
75.12
79.
80.37
81.120
83.500
82.75
83.500
80.120
79.5
83.000
82.12
84.5
83.75
82.75
80.
82.
81.62
79.62
79.87
81.5
81.870
85.25
84.
84.250
83.37
85.75
84.370
85.37
83.37
82.250
82.12
84.
83.75
83.500
80.500
81.25
82.75
82.75
83.37
82.5
86.5
86.5
88.25
88.25
92.75
95.120
94.5
93.620
92.75
93.870
91.000
89.370
90.75
93.37
92.5
95.75
93.500
93.620
93.620
96.370
95.120
96.62
96.120
96.25
93.000
95.620
96.000
97.620
96.62
98.000
98.000
98.120
98.620
99.12
99.250
99.62
98.500
97.87
94.62
93.870
96.000
95.120
97.620
97.370
98.870
97.
96.000
95.500
97.370
97.12
95.120
94.5
96.370
96.370
99.
98.870
98.37
98.37
98.620
98.620
97.12
98.75
100.87
100.37
99.
101.75
102.12
101.87
102.25
103.
100.87
102.25
100.25
100.75
100.5
100.87
98.870
98.870
99.870
100.75
100.12
102.12
102.25
102.12
102.37
102.87
104.25
101.75
101.75
102.37
102.
102.62
103.25
103.87
106.62
107.
108.75
109.5
110.12
112.62
111.5
115.12
115.
117.25
114.5
117.12
116.
117.25
117.
115.
115.5
116.5
115.75
117.62
117.5
116.87
115.5
115.5
116.5
115.25
114.
111.75
111.25
110.75
112.5
114.62
115.62
114.37
113.
113.
111.25
111.87
113.5
114.
115.75
113.12
113.37
113.75
114.25
117.25
118.
121.
121.75
121.12
122.
123.12
123.5
123.25
123.
120.87
118.
120.
120.25
121.
121.
119.25
121.62
119.75
121.5
123.25
120.87
121.25
122.
120.12
119.87
120.87
125.37
125.5
124.37
125.87
125.75
123.37
122.
120.37
120.75
120.5
121.25
119.5
119.75
119.
118.12
118.12
117.75
118.5
120.5
121.62
123.
121.62
122.5
121.25
119.37
116.5
116.25
117.87
119.
117.37
119.5
118.62
119.75
119.75
121.87
122.37
122.25
122.25
121.5
122.
122.87
121.75
123.12
123.75
123.87
123.
124.62
126.62
128.62
127.87
128.75
127.87
126.87
128.12
129.87
131.12
132.12
132.25
134.25
133.
132.62
133.62
131.75
131.75
128.75
130.5
129.75
127.
128.25
128.5
128.
129.37
128.
126.75
126.75
126.5
123.87
122.25
122.12
122.25
123.62
125.25
126.87
127.5
124.5
124.75
123.37
123.5
125.25
123.
120.87
120.87
121.
119.25
121.62
117.37
118.87
117.87
118.62
117.62
119.25
119.
122.25
124.
122.12
120.87
119.5
120.87
121.25
121.75
123.62
122.87
123.62
123.62
124.62
124.25
123.12
122.
122.
121.75
123.87
124.25
123.5
123.37
122.25
122.25
121.25
119.
120.5
121.
120.5
118.87
117.
116.12
116.75
115.37
114.62
114.87
113.87
114.12
113.75
114.37
110.75
108.75
110.5
107.75
109.
109.87
109.
110.87
109.62
109.62
109.75
109.75
109.37
109.12
109.25
111.25
112.87
110.
110.25
111.5
112.
111.
109.25
107.62
108.5
108.
110.25
110.62
111.
112.
113.75
114.
114.75
114.
112.75
112.25
112.25
113.87
115.37
113.75
114.
112.
111.12
111.
108.75
109.75
109.62
110.
108.87
112.5
111.25
112.75
112.25
111.12
110.75
110.75
109.87
110.75
111.87
113.25
113.37
113.75
116.5
116.25
115.62
112.75
113.25
114.25
112.87
112.37
111.25
112.25
113.
112.
110.37
109.37
108.62
108.
107.62
106.75
107.25
107.25
106.62
107.25
107.75
107.87
108.25
105.37
105.75
105.62
105.75
104.25
104.5
104.37
100.75
99.5
101.75
102.75
108.12
105.87
105.25
105.5
104.12
103.12
105.25
105.75
105.87
107.12
107.12
106.37
105.75
107.25
107.12
105.25
104.37
105.25
107.25
108.12
107.5
107.
106.5
106.12
105.37
107.12
108.25
109.
108.37
110.75
112.87
114.87
120.25
121.75
121.37
118.62
122.75
121.
122.25
121.25
122.
123.12
123.
123.25
125.87
124.25
125.
125.62
124.75
125.37
124.25
123.62
123.75
123.75
122.5
122.37
123.37
121.62
122.75
122.
122.87
126.12
126.75
127.62
126.62
125.87
126.
124.25
123.75
124.
124.62
125.87
124.25
122.62
121.75
121.25
121.87
121.25
121.12
120.87
121.87
120.25
121.87
122.5
121.25
121.87
126.
125.
126.
126.62
126.75
125.12
124.12
124.62
126.75
124.62
125.75
125.87
126.75
127.5
125.75
124.87
123.25
124.
122.75
123.12
122.75
121.5
120.
121.25
121.
121.
122.62
122.87
124.75
123.12
122.
121.75
120.
120.25
117.87
118.5
117.12
117.87
119.12
118.75
117.75
118.75
119.
123.12
123.
122.37
123.75
124.25
124.25
123.75
123.12
123.5
123.12
123.12
121.
120.
119.75
120.37
119.75
120.37
123.75
122.75
124.75
124.62
123.87
123.62
124.12
128.25
129.62
132.5
133.12
133.25
134.62
137.
136.62
136.37
135.62
137.62
136.5
135.37
137.12
137.25
133.5
131.75
133.75
132.
131.37
131.37
131.87
133.75
133.75
132.87
133.87
134.5
133.12
134.
135.87
135.
135.
132.87
130.12
129.62
131.5
131.87
130.
128.87
128.62
128.37
130.5
129.37
128.75
127.75
124.5
125.37
126.37
126.62
127.
128.12
127.75
126.5
127.
127.
123.87
124.62
125.87
127.
128.
129.25
129.75
129.62
127.5
127.62
127.75
129.
128.62
128.87
127.12
126.25
126.5
125.62
125.37
125.
124.75
125.75
127.12
127.87
130.12
130.25
128.
128.5
129.
130.75
133.
133.
132.37
131.37
130.87
130.87
130.37
129.75
128.
128.62
129.12
129.75
128.5
129.75
127.37
127.62
126.
120.75
118.62
121.12
120.12
119.87
119.37
118.75
119.37
120.87
122.
123.12
124.
123.75
124.87
124.37
123.75
123.75
124.5
123.5
121.25
123.
123.75
124.25
125.5
128.5
129.37
128.75
129.25
129.87
129.37
129.12
130.25
132.
129.62
130.5
131.37
132.5
131.62
131.25
129.37
129.25
128.37
127.37
127.12
126.62
126.75
126.37
125.75
125.87
127.5
128.37
126.62
126.87
128.25
128.25
128.
127.5
126.62
126.62
127.12
127.25
128.37
129.12
129.37
127.87
127.25
127.12
127.5
128.37
126.75
127.5
128.
126.75
128.12
126.75
124.
123.75
123.5
123.87
126.62
124.37
124.37
123.5
124.25
124.37
124.25
124.37
125.62
128.
128.
129.37
128.5
127.62
127.5
129.12
130.5
128.62
128.
129.37
130.5
131.12
129.87
130.87
132.25
133.37
132.87
132.12
132.5
134.87
135.37
135.
136.62
136.75
138.5
138.25
139.
140.25
139.5
139.
139.
140.25
140.25
139.75
137.87
138.62
141.87
140.75
141.75
144.62
146.62
149.
148.62
150.25
152.25
152.5
152.87
153.75
154.25
154.
152.75
152.75
153.25
155.5
158.25
155.5
155.5
152.
154.37
154.37
155.62
148.87
150.37
148.5
149.
149.25
152.62
156.
150.87
149.37
149.5
144.25
148.
150.
149.62
151.75
151.
149.5
151.5
154.62
154.
154.87
155.
155.75
157.25
156.75
155.
155.62
156.25
156.25
158.87
157.5
159.12
159.75
158.87
157.5
158.25
155.87
150.87
151.25
149.75
148.37
146.75
146.
148.5
152.
149.
150.5
150.37
150.87
152.37
151.62
150.12
149.
148.87
148.
147.62
149.12
149.12
151.5
149.12
151.
149.62
148.25
149.5
152.
149.25
150.25
149.75
152.37
152.62
154.75
154.62
152.62
154.87
153.
155.25
157.62
159.5
161.37
159.37
156.25
156.87
154.12
155.62
154.25
151.25
149.
149.75
150.
148.87
148.12
145.37
144.87
144.12
146.25
144.5
143.37
143.87
143.87
147.
151.37
152.87
152.37
152.25
152.75
150.
150.75
149.87
146.75
148.37
149.12
148.
149.62
148.5
146.87
146.37
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146.87
145.12
146.5
147.5
146.75
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146.5
148.62
149.5
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149.
145.25
144.62
144.25
145.75
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139.25
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131.75
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133.12
134.12
132.37
131.25
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131.37
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130.87
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132.5
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134.25
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138.75
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136.12
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138.25
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138.37
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133.
130.87
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127.5
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123.62
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120.87
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121.12
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120.25
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120.37
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121.37
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123.62
126.37
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121.37
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120.5
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123.5
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126.
127.12
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128.
126.5
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120.62
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123.62
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123.5
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128.62
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132.62
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139.12
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141.75
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148.62
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150.75
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149.5
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147.62
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154.25
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166.87
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165.37
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156.75
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162.62
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159.62
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160.25
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161.25
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157.75
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156.62
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161.37
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161.37
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164.25
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169.87
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168.12
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164.62
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159.25
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164.37
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170.37
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167.87
166.25
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168.37
162.87
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160.75
160.75
157.75
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157.5
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150.5
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152.75
150.5
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152.75
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115.
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120.75
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117.75
118.37
115.62
117.75
117.5
118.5
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117.62
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111.
110.12
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118.87
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117.
115.5
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117.75
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110.5
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109.87
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108.62
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107.75
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113.75
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108.12
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113.12
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112.37
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113.12
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110.5
110.5
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112.5
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127.
127.37
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124.
121.75
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118.
115.12
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114.
112.87
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114.62
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112.87
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116.12
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122.87
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116.
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119.37
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121.25
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122.5
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122.5
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124.25
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126.87
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126.37
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126.
124.75
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125.87
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118.12
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109.5
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109.62
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109.75
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111.12
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112.37
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113.5
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113.37
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111.12
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110.12
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110.37
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114.37
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114.75
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113.37
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114.62
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113.75
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99.5
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103.12
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114.25
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119.5
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119.12
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106.37
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113.5
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106.87
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126.75
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130.62
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129.12
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107.37
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100.62
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99.62
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102.87
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98.25
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90.25
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85.120
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89.
90.25
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90.
91.370
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88.25
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86.870
87.5
88.25
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86.62
86.370
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87.75
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88.75
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87.5
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84.12
83.25
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82.87
82.250
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88.25
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90.
90.120
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93.500
92.370
91.750
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90.75
92.5
91.62
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90.37
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93.000
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95.25
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97.5
97.620
97.87
97.87
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100.25
95.
92.87
93.75
92.5
92.75
92.75
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93.75
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94.870
94.250
91.62
88.25
87.12
88.500
88.000
88.37
88.120
88.37
88.620
88.000
86.62
85.87
86.000
85.120
87.12
86.370
87.370
87.250
86.62
87.620
87.5
86.62
86.000
86.000
86.120
86.870
87.5
88.000
88.37
85.500
83.120
83.75
83.500
84.370
83.25
83.620
82.5
82.250
82.75
81.000
80.75
80.120
78.5
78.87
79.75
78.37
79.37
